NEW YORK: With an eye on new markets including 5G telecom networks, Artificial Intelligence (AI), drones, driverless cars and even hi-tech farming and analytics-driven retail, world’s largest chip maker Intel has launched its new Xeon scalable processors.

The data centre processor promises speed, agility, security, networking features that are multiple times ahead of previous generation hardware and offer ultra-low latency to meet demands of the fast accelerating digital life.

The Xeon platform was in development over the last five years.

The $59-billion Intel Corporation is pinning its hopes on the re-architected chip to ward off fierce competition from Nvidia, AMD, Freescale, ST Microelectronics and others gearing up for next gen hardware needs of modern data centres, the engine rooms of the digital economy.

Shenoy in his keynote address elaborated on how traditional and new industries are fast adopting technologies that put huge demands on current data centre infrastructure. For example, farmers are using drones, satellite tech to increase food production without increasing land.

Offline retailers like Wal-Mart, Tesco, are using sensors and analytics to improve inventory management and customer experience. More companies want to use AI to power their businesses and next generation services.

Sponsored Stories

Subscribe to our Newsletters

After PSU banks, the government is likely to infuse capital in two chronically ill telecom PSUs BSNL and MTNL, and the Union Cabinet is likely to take a decision on 4G spectrum allocation to them by the third week of the current month after DoT places the note before it for consideration.

At a high-level meeting at the PMO late Tuesday, it was also decided that the two telcos will frame a Voluntary Retirement Scheme (VRS) to reduce their employee strength, which will be followed by a reduction in the retirement age to 58.